Mine Hill, NJ Foreclosures
How much do homes sell for in Mine Hill, NJ?
The average home price is currently $488,317.
In Mine Hill, NJ, how many homes are available?
There are currently 171 active home listings available in Mine Hill.
What’s the average rental cost in Mine Hill, NJ?
The average rental price in Mine Hill is $2,118.
What is the most expensive home in Mine Hill?
The most expensive home sold in Mine Hill had a price of $1,637,150.
What is currently the cheapest priced home in Mine Hill, NJ?
The cheapest home for sale in Mine Hill is priced at $48,495.
Living in Mine Hill, NJ
Mine Hill, NJ is a quiet and picturesque township in Morris County, perfect for families seeking a suburban lifestyle. With great schools, parks, and close access to urban amenities, it offers a balance of tranquility and convenience. Residents enjoy a close-knit community with various activities and events throughout the year.
Current Market Conditions in Mine Hill, NJ
Mine Hill, NJ, has experienced a stable real estate market over the past year. Properties remain in demand due to the area's charm and proximity to urban areas, attracting both first-time homebuyers and investors. The average home price has shown moderate growth, indicating a steady interest in the local real estate market. Homes typically sell well, benefiting from the community’s desirable environment and amenities.
Current trends show a shift towards single-family homes as buyers seek more space, particularly in light of remote work practices gaining popularity. Homes in Mine Hill have appreciated slightly, with more buyers looking for additional rooms and larger lots. However, the market remains competitive, signaling sustained demand in this picturesque township.
Home Value Estimator For Mine Hill, NJ
There are currently 1,401 real estate properties
in Mine Hill, NJ,
with a median automated valuation model (AVM) price
of $468,883.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mine Hill, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Mine Hill, NJ,
is $488,317.00, with the most expensive house
in Mine Hill, NJ, topping out
at $1,637,150.00 and the cheapest home
in Mine Hill, NJ,
clocking in at $48,495.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mine Hill, NJ!
Rent Prices
In Mine Hill, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mine Hill, NJ, is on
a rollercoaster ride. The
average rent price in Mine Hill, NJ,
is $2,118.00. Indeed, when looking to rent in
Mine Hill, NJ, you can expect to pay as little
as $1,240.00 or as much
as $3,210.00,
with the average rent median estimated to
be $2,090.00. The good news is that finding
an affordable and desirable property to rent in Mine Hill, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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